Not the oil price per se, but what oil producers are doing with all the coin that comes with high oil prices.  I have rattled on and on about how China's current account surplus is on track to reac…

Schumer-Graham won't be brought to a vote until September.   China's central bank governor Zhou must  be persuasive.  Maybe he plotted out where the RMB will likely be if China continues with its cur…

Oil is once again quite strong.    Last summers’ rally was driven in part by a rise the geopolitical risk premium.   This summers’ rally seems a product of both strong global growth and relatively re…

Macro Man is back from vacation, and I have little to add to his explanation for the dollar’s rebound. The gap between the United States economic performance and the rest of the world’s economic …